CIL hosted about 5 meetings under the National Coal Wage Agreement so far, in hopes of securing a mutually agreeable wage pact for its workforce.
The state-run coal mining and refining company shall explore more environment-friendly options for its coal operations.
“As far as BPCL privatisation is concerned we have to wait for a while, we have to review the situation. I would say in next 6 months things would be clearer to us that how we should move forward in BPCL’s case,” said DIPAM secretary Tuhin Kanta Pandey.
The move by the central government to call off the expression of interest (EoI) followed two out of the three bidders walking out.
The centre is confident of achieving its disinvestment target of Rs 65,000 crore for the current fiscal year as it hopes to conclude the sale of at least three major companies by the end of March this year, sources have told Business Today TV.
The investment can go up by an additional Rs 20,000 crore by 2030, GAIL India chairman and managing director Manoj Jain told reporters in Mumbai.
The funding would be utilized for capital expenditure for ongoing or new electricity generation capacity addition projects.
“We are in the final stage of its disinvestment process, and expecting good response from the interested parties,” said a source in the know to BT.
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